Bulgaria : Financial Sector Assessment Program: detailed assessment of observance on the Basel Core Principles for effective banking supervision.

Bulgaria : Financial Sector Assessment Program: detailed assessment of observance on the Basel Core Principles for effective banking supervision.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, ©2015.
Description:	1 online resource (244 pages).
Language:	English
Series:	IMF country report, 1934-7685 ; no. 15/295 IMF country report ; no. 15/295.
Subject:	International Monetary Fund -- Bulgaria. International Monetary Fund. Banks and banking -- Bulgaria -- Rules and practice. Banks and banking -- State supervision -- Bulgaria. Banks and banking. Banks and banking -- State supervision. Bulgaria. Rules.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12504795

Hidden Bibliographic Details
Varying Form of Title:	Bulgaria, Financial Sector Assessment Program Bulgaria, detailed assessment of observance on the Basel Core Principles for effective banking supervision
Other authors / contributors:	International Monetary Fund. Monetary and Capital Markets Department. World Bank Group. Finance and Markets Global Practice Group.
ISBN:	1513540823 9781513540825 1513506706 9781513506708
Notes:	"October 2015." "Prepared by Monetary and Capital Markets Department, IMF, and Finance and Markets Global Practice, World Bank"--Page 2 of pdf. Includes bibliographical references. Online resource; title from pdf title page (IMF Web site, viewed October 29, 2015).
Summary:	This assessment of the current state of the implementation of the Basel Core Principles for Effective Banking Supervision (BCP) in Bulgaria has been completed as a stand-alone Report on the Observance of Standards and Codes undertaken by the International Monetary Fund (IMF) and the World Bank (Bank) during March of 2015 at the request of the Bulgarian authorities. It reflects the regulatory and supervisory framework in place as of the date of the completion of the assessment. It is not intended to assess the response to the 2014 banking crisis, and it is not intended to represent an analysis of the state of the banking sector or crisis management framework.
Other form:	Print version: Fund, International Monetary. Bulgaria: Financial Sector Assessment Program - Detailed Assessment of Observance on the Basel Core Principles for Effective Banking Supervision. : International Monetary Fund, ©2015 9781513506708
Standard no.:	10.5089/9781513506708.002

Description
Summary:	This paper discusses key findings and recommendations of the Detailed Assessment of Observance on the Basel Core Principles for Effective Banking Supervision on Bulgaria. Within the Banking Supervision Department, the Special Supervision Directorate (SSD) has been assigned multiple activities that go beyond its primary objective of ensuring integrity in the banking sector. The Bulgarian National Bank is not empowered to require a bank to change its internal organization or structure. It is recommended to refocus the activity of the SSD on its core mandate of financial integrity. This recommendation can be achieved by assigning nonsupervisory activities to other Directorates, preferably outside the Banking Supervision Department.
Item Description:	"October 2015." "Prepared by Monetary and Capital Markets Department, IMF, and Finance and Markets Global Practice, World Bank"--Page 2 of pdf.
Physical Description:	1 online resource (244 pages).
Bibliography:	Includes bibliographical references.
ISBN:	1513540823 9781513540825 1513506706 9781513506708
ISSN:	1934-7685 ;